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Author Topic: CEX.io  (Read 1308 times)
validium
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June 17, 2014, 05:12:01 AM
 #21

Their maintenance fee $0.26/Gh is what makes mining there unprofitable, your better off hoarding

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icet208
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June 17, 2014, 06:17:52 AM
 #22

mining is not profitable (wich service or miner is?). But mining+trading it is
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June 17, 2014, 07:36:30 AM
 #23

mining is not profitable (wich service or miner is?). But mining+trading it is
You cannot be certain about how the price will rise and drop. There is still risk involved.

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icet208
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June 17, 2014, 07:48:06 AM
 #24

mining is not profitable (wich service or miner is?). But mining+trading it is
You cannot be certain about how the price will rise and drop. There is still risk involved.

You cannot be certain about how the price of bitcoin will be. Even if you buy and hold only you cannot knot how it will evolve. So risk is involved in any case.
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June 17, 2014, 07:53:04 AM
 #25

Is  it worth it to invest in CEX.IO? I have about 1GHS and I don't know If I should continue or nor. What's your experience with CEX.IO?

No point have 1 GHs that wont make you much, if you are willing to risk btc, buy 100 and mine and sell and re buy and repeat at the right moments.
DeboraMeeks
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June 17, 2014, 08:31:15 AM
 #26

Im happy with the 23.25 Gh;s I have there, the maintenance fees are a tad high but other than that I enjoy watching the mining profits roll in when I help solve blocks  Cool Cool
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June 17, 2014, 08:32:42 AM
 #27

No, CEX.IO is not profitable if you're going to invest chump change into it. They have a high maintenance fee, and not to mention the prices of gigahashes there are very high. I wouldn't recommend doing this.

lmao
Domino
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June 17, 2014, 10:54:47 AM
 #28

The good thing about cex.io is that you can trade your hashrate at any time you want.
The bad thing is that the maintenance fee is very high (~35% at the current difficulty and bitcoin price).

ranochigo
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June 17, 2014, 11:57:38 AM
 #29

The good thing about cex.io is that you can trade your hashrate at any time you want.
The bad thing is that the maintenance fee is very high (~35% at the current difficulty and bitcoin price).
If the price per GH suddenly drop, you would lose a lot, this might be something you want to consider about. The difficulty rises to fast and the price per GHS is too high.

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